Fortune 500 rank: 22 (Previous rank: 34)
2006 Revenues (millions): $70,591
Headquarters: New York, NY
Get quote: MER
The Wall Street brokerage firm waltzed its way up the list 12 spots with a record year in stock trades and private equity investments. Revenues are up 48% over last year. Profits jumped 47% to $7.31 billion, a company record that beats even its highs during the 1990's dot-com boom. Also helping to make it the second most profitable firm on Wall Street last year was its $10 billion acquisition of a 50% stake in money manager BlackRock.
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